World Bank reappoints Kim to five-year term as president

September 27, 2016 3:22 PM EDT

World Bank President Jim Yong Kim arrives at the Elysee Palace in Paris, France, August 29, 2016. REUTERS/Charles Platiau


Get instant alerts when news breaks on your stocks. Claim your 2-week free trial to StreetInsider Premium here.

WASHINGTON (Reuters) - The World Bank on Tuesday reappointed Jim Yong Kim to a five-year term as president of the multilateral development lender after the nomination period closed without any challengers coming forward.

Kim, an American citizen, was unanimously chosen by the bank's executive directors for a term that begins on July 1, 2017, the World Bank said in a statement.

(Reporting by Timothy Ahmann; Editing by Alan Crosby)



Serious News for Serious Traders! Try StreetInsider.com Premium Free!

You May Also Be Interested In






Related Categories

Reuters

Add Your Comment